Georgia’s foreign agents law has raised concerns among investors and the European Bank for Reconstruction and Development (EBRD). The EBRD has warned that this law could negatively impact the country’s economic growth and investor confidence, potentially leading to a decline in foreign investment. The implementation of this law could create barriers for foreign businesses operating in Georgia, hindering the country’s economic development.
As a result, the EBRD is urging Georgia to reconsider implementing this law in order to maintain a favorable business environment and safeguard its economic growth. Failure to address these issues could have serious consequences for Georgia’s economy and its attractiveness to foreign investors. It is crucial that Georgia considers the potential negative impact of this law on its economy before proceeding with implementation.
